Paymode-X
Make and receive secure and convenient electronic payments using a solution trusted by 500,000+ member businesses.
We Don’t Replace NetSuite. We Make NetSuite Even Better.
You use Oracle NetSuite as your ERP for a reason, and you likely appreciate the power and flexibility it offers your organization and your account payable team. What you don’t want to have to do, if you’re a business looking to further automate your core AP processes, is settle on software that’s fundamentally incompatible with the ERP you rely on.
That’s where we come in. If you’re searching for ways to further automate your invoicing and payment processes, Paymode-X can help.
- Streamline and enhance every step of your existing invoice process, drastically reducing the number of steps
- Improve cashflow and remove the prohibitive $5 - $9 cost per check
- Turbocharge your rebate potential and seamlessly start making payments to vendors already on the network
- Secure accounts payable against ever-increasing fraud attempts
“Paymode-X lowers our cost and time involved with paying vendors, eliminates our maintaining supplier bank info, and removes the risk of lost checks. AP also earns rebates by paying digitally.”
–Accounting Supervisor, Large Enterprise Company
Let’s back up: What is accounts payable automation?
Chances are even if you’re not familiar with AP automation, you’re using some form of it today. If you make payments digitally via ACH or virtual card, you’ve automated some of your previously paper-based and manual check stack. If small dollar approvals route automatically through your existing systems, you’ve done some workflow automation.
At the highest level, accounts payable automation means taking the risk, manual effort, and most importantly time out of everything you do on a day-to-day basis in AP. It means going from opening envelopes with invoices in them, walking them around the office for review and approval and filling out and stuffing checks to put in the mail to wrapping everything up in one secure process that requires few to zero touches to process invoices and payments alike.
What is Paymode-X?
Paymode-X is a robust, secure AP automation solution automating invoice receipt, capture, processing, and approvals as well as processing more than $300 billion in payments annually without a single instance of fraud. With our network of 500,000+ businesses making and receiving payments, we’re able to connect payers and vendors in a way that creates huge opportunities to improve efficiency. In addition, the rebates you realize from Paymode-X can help offset the cost of your ERP system.
We believe upgrading your AP processes and payments shouldn’t come at the cost of relationships with your most valuable suppliers. With Paymode-X for NetSuite, the benefits for both parties include:
- AP teams save time, earn rebates, and become far more efficient
- AR teams realize better security, enhanced remittance detail and better cash flow
“With Paymode-X, there is much less manual processing and faster payments.” –
Accounting Associate, Medium-sized Enterprise Healthcare Company
How do I get started?
It’s simple! Just connect with our team so we can learn more about your needs and get you started. If you want more information about our implementation process and how quickly you can start realizing the benefits of Paymode-X, just click below.
9 Ways Paymode-X is Better Than Other AP Automation Solutions
With huge gains in cost-savings, security and transparency, Paymode-X AP Automation allows you to move away from checks and paper realizing game-changing value for your AP team and your organization.
10 Ways Paymode-X is Better Than Other AP Automation Solutions
Download eBook
How does AP automation work for me?
With the right partner, you should realize many significant advantages by switching to AP automation software. In a recent survey, Paymode-X found that 60% of businesses felt checks were their top accounts payable challenge, and automating payments can reduce or eliminate that headache.
NetSuite customers in any industry can expect to automate payments and approvals by making the switch from cumbersome paper checks to secure virtual cards and ACH payments, and to do so simply and easily within your ERP. Those payment types offer a host of benefits, including enhanced rebate potential, the reduction of fraud risk and streamlining workflows.
Our survey found that:
- 80% of customers felt our ERP integrations were “seamless”
- 80% said going from manual to automated happened more quickly and easily than they expected
- 80% of customers realized at least a 50% uptick in rebates
Paymode-X has a 97% customer retention rate because delighting companies like yours is paramount to us
How does Paymode-X work with NetSuite?
Our fully integrated solution comes in two flavors. We can integrate with your existing processes within NetSuite, or you can configure Paymode-X to exchange information with your ERP and work primarily outside of NetSuite. Either way, we can set your AP team up to be more efficient.
In addition to fully automating and improving your invoice-to-pay process within NetSuite, we offer features and functionality upgrades for your AP team, including:
- Easy-to-use portal for vendors to digitally submit invoices and check status
- Automatic syncing of purchase orders
- Add invoice payment remittance service to your toolkit
- Enhance check payments with robust third party offering
GET IN TOUCH
Want to learn more about Paymode-X?
Call us.
Our solution experts are here to help.
+1 (844) 729-6633Chat with us.
Chat with one of our solution experts. We'll recommend the right product to fit your needs.
Let us help you automate your AP processes.
Tell us a bit about you and your business and we’ll get back to you with all the information you need.
GET STARTED